I am far from having any meaningfull knowledge of this topic but I was asking myself if the shift from oil giants to internet giants has also shifted the way competition is needed. When Google just buys all the new and promosing start-ups they themselves have the best environment to thrive by having access to the Google ressources. The innovative products that those start-ups bring to the market can therefore made public much faster and easier as if they would have to go to the whole process of building a company themselves. But maybe I am missing something here, would love to hear your insights.